Brief: Balder Announces Directed Issue Of 18 Mln Class B Shares Raising Proceeds Of Approximately SEK 1.2 Bln

Fastighets AB Balder

12/02/2024 21:16

Feb 12 (Reuters) - Fastighets AB Balder  BALDb.ST :
    * ANNOUNCES DIRECTED ISSUE OF 18 MILLION CLASS B SHARES
RAISING
PROCEEDS OF APPROXIMATELY SEK 1.2 BILLION
    * DIRECTED CASH ISSUE OF 18 MILLION CLASS B SHARES AT A
SUBSCRIPTION PRICE OF SEK 64.85 PER SHARE
    * PROCEEDS ENABLE REPURCHASE OF UP TO EUR 200 MILLION OF
BALDER'S
OUTSTANDING HYBRID CAPITAL OF APPROXIMATELY EUR 400 MILLION

Source text for Eikon:  ID:nWkr4gNf7P 
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